Fintech Legal Counsel

A fintech legal counsel specializes in legal matters within the financial technology sector and supports businesses in navigating complex regulations such as anti-money laundering (AML), the General Data Protection Regulation (GDPR), consumer protection law, and licensing requirements. The counsel also assists in communication with authorities such as the Swedish Financial Supervisory Authority.

Morling Consulting offers legal advice and regulatory support tailored to the needs of fintech businesses. We assist with, among other things:

• Guidance on AML regulations, trainings and updating internal policy documents.
• Conducting data protection impact assessments in accordance with GDPR.
• Preparing license applications to the Swedish Financial Supervisory Authority.
• Supporting communication with authorities such as the Swedish Consumer Agency and the Swedish Data Protection Authority.
• Developing internal procedures and compliance programs.
• Providing legal support in contract matters and commercial law issues.

Absolutely. Morling Consulting gets involved early in the development phase to ensure your service is correctly designed from a regulatory standpoint. This saves time, reduces costs, and minimizes the risk of delays later on. We assist with:

• Identifying licensing requirements prior to launch.
• Legal review of product design and functionality.
• Reviewing onboarding flows and customer-facing information.

It depends on the type of services your company provides. It may involve licenses from the Financial Supervisory Authority for e.g. payment services, credit origination, or investment services. Morling Consulting identifies the licenses your business needs and supports you throughout the entire application process.

Compliance means ensuring that your business adheres to applicable laws and regulations. Morling Consulting helps you:

• Identify which regulatory frameworks apply to your operations.
• Assess how well your business currently complies with the requirements.
• Develop and implement routines, policies, and control systems.
• Provide training and continuous support to ensure compliance.

Fintech companies often process large volumes of personal data. Their data processing is typically extensive, systematic, and includes financial information as well as data needed to comply with anti-money laundering regulations. This type of processing is considered risky for individuals, which requires thorough implementation of accurate legal bases, transparency, and secure handling. Morling Consulting ensures that your data processing activities are aligned with data protection legislation.

Yes, Morling Consulting is based in Stockholm but undertakes assignments throughout Sweden and internationally. We offer both remote and on-site counseling, depending on what suits your business best.

Legal Coaching from Morling Consulting means you get a dedicated legal advisor who acts as a sounding board, strategic partner, and ongoing legal resource—either for a specific project or as part of your day-to-day operations. Rather than reacting to legal issues as they arise, we work proactively to build your internal capacity to manage legal and regulatory risk.

Legal Coaching is particularly well suited for fintech companies that:

• Are running large-scale projects with complex legal and strategic decisions, such as launching a new product or service.
• Want to build in-house capacity to independently manage legal matters over time.
• Seek continuity and close collaboration with an external legal expert.

Preparation means being able to demonstrate control over your processes and show that regulatory compliance is embedded in practice—not just documented. We help you:

• Conduct an internal compliance audit.
• Review policies and actions already implemented.
• Ensure reporting, training, and routines are in place.
• Prevent common compliance gaps frequently noted by the Financial Supervisory Authority.

KYC is a central part of anti-money laundering (AML) regulations and must be both risk-based and documented. We help you:

• Design and document KYC procedures based on your specific risk profile.
• Implement systems for monitoring and follow-up.
• Ensure your routines meet the standards set by the Financial Supervisory Authority.

Yes. When you are growing across borders we provide:

• Legal analysis of licensing and regulatory requirements in new markets.
• Coordination with local advisors and regulatory authorities.
• Adaptation of your existing processes to meet international regulatory standards.